Nextpower (NXT) Interest Coverage Ratio (2022 - 2026)

Nextpower's (NXT) quarterly Interest Coverage Ratio came in at 5.78 in Q1 2026, down 96.88% year-on-year from 185.65 in Q1 2025, and down 63.49% quarter-over-quarter from 15.84 in Q4 2025.

Nextpower (NXT) Interest Coverage Ratio (2022 - 2026) Analysis & Trends

Nextpower's Interest Coverage Ratio history runs 5 years deep, the most recent figure standing at 5.78 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 96.88% year-over-year to 5.78 in Q1 2026; TTM through Mar 2026 was 26.26, a 95.68% decrease from a year earlier, with the FY2026 full-year figure at 2.13, down 96.56% from the prior year.
  • Interest Coverage Ratio slipped to 5.78 in Q1 2026 per NXT's latest filing, from 15.84 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 234.65 in Q4 2022 and bottomed at 5.58 in Q3 2025.
  • The 5-year median for Interest Coverage Ratio is 18.82 (2024), against an average of 52.62.
  • Across the five-year window, Interest Coverage Ratio soared 305.22% in 2025 and tumbled 96.88% in 2026, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 234.65 in 2022, then tumbled by 88.68% to 26.56 in 2023, then sank by 67.58% to 8.61 in 2024, then jumped by 83.98% to 15.84 in 2025, then plunged by 63.49% to 5.78 in 2026.
  • Per Business Quant, the three latest NXT Interest Coverage Ratio figures stand at 5.78 (Q1 2026), 15.84 (Q4 2025), and 5.58 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 6.14
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 5.78
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -1.04
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -0.66
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -0.21
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.66
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.32
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 0.25
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -46.19

Historic Data

Download Data
DateValue
Mar 31, 2026 5.78
Dec 31, 2025 15.84
Sep 26, 2025 5.58
Jun 27, 2025 7.37
Mar 31, 2025 185.65
Dec 31, 2024 8.61
Sep 27, 2024 18.82
Jun 28, 2024 24.18
Mar 31, 2024 45.81
Mar 31, 2023 26.56
Dec 31, 2022 234.65